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Emerging Europe Watch

Emerging Europe Watch

Currency weakness to prompt hike in Hungary (Feb 08)

The focus this month will be on Hungary, where a recent drop in the forint could prompt a 50bps hike in interest rates. Elsewhere, another 25bps cut is possible in Turkey depending on currency developments but we think that policymakers are underplaying the upside risks to inflation.

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This article is tagged with the following subjects: Czech Republic, Emerging Europe, Hungary, Macro-economics, Monetary policy, Poland, Romania, Turkey
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